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Regulation and Instability in U.S. Commercial Banking

- A History of Crises

Om Regulation and Instability in U.S. Commercial Banking

The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers.

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  • Språk:
  • Engelska
  • ISBN:
  • 9780230280663
  • Format:
  • Inbunden
  • Sidor:
  • 296
  • Utgiven:
  • 8. december 2010
  • Mått:
  • 137x223x22 mm.
  • Vikt:
  • 476 g.
  Fri leverans
Leveranstid: 2-4 veckor
Förväntad leverans: 17. december 2024

Beskrivning av Regulation and Instability in U.S. Commercial Banking

The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers.

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